topic study on financial_research

May 28th, 2015
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Abraham Lincoln University
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In our daily life we are said to measure when we use some yardstick to determine weight, height, or some other feature of a physical object. We also measure when we judge how well we like a song, a painting or the personalities of our friends. We, thus, measure physical objects as well as abstract concepts. Measurement is a relatively complex and demanding task, specially so when it concerns qualitative or abstract phenomena. By measurement we mean the process of assigning numbers to objects or observations, the level of measurement being a function of the rules under which the numbers are assigned.

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CHAPTER :- 1INTRODUCTION OF FINANCIAL MANAGEMENT INTRODUCTION OF FINANCIAL MANAGEMENTMEANING:- Finance is the study of funds and management. Its general areas are business finance, personal finance, and public finance. It also deals with the concepts of time, money, risk, and the interrelation between the given factors. It is basically focused on how the money is spent and budgeted. It is one of the most important aspects in handling business. Finance addresses the methods wherein business entities used their financial resources on a certain period of time. It is the application of a set of techniques used by organization in managing their financial affairs. The income and expenditure are emphasized in finance and its differences can easily be indicated. The term Management refers to the optimum utilization of available resources to achieve the desired objectives/goal. Financial Management as the name itself suggested, refers to the management of finance. Every organization, whether business or non-business, needs funds to exits, but to grow, it needs the optimum utilization of these funds. Thus money or Funds/ Finance are the most important resources and Financial Management deals with optimum utilization of it. In other words, Financial Management is that managerial activit

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